The Business Times

✍️Editorial: Budget hongbao should be for those who need it Just as how hongbao are traditionally given to those who are less able to support themselves, budgetary largesse should remain targeted.

#BTLifestyle: Japanese potters challenge wabi-sabi aesthetic at new exhibition Japanese potters Yukiharu Furuno looks to the vastness of the universe for inspiration while Takanao Todo turns to small miracles in nature i…

TheSmartLocal’s regional push gets leg-up with acquisition of Malaysian tech firm Revenue has doubled in the last five years to an “eight-figure sum”, with The Smart Local seeing a "record" 30% year-on-year jump in top-l…

With mortgage rates staying high in 2023, should you pay down your home loan? With home loan rates now above the 2.5% CPF savings rate, does it make sense to make a prepayment?

Keppel Reit’s curious S$100 million anniversary distribution Why call it an anniversary distribution when the anniversary is not till 2026? Is K-Reit expecting a tough few years, and so hoping to smooth out its DPU? BT's…

#BTLifestyle: Is Jeju overhyped? We went there, and no – it absolutely isn’t Have countless Korean dramas and reality shows blown Jeju out of proportion? No, it doesn't even cover a fraction of its true magnificence, say…

Bankruptcy applications hit 17-year high in 2022, after tapering of Covid-era support The trends likely stem from the fact that many of the individuals who file for bankruptcy do so for business reasons, says an economis…

#BTLifestyle: Beef that makes the cut at Meadesmoore Secondary cuts dominate at this CBD steakhouse, but the rest of the menu is worth a second look too says our resident food critic Jaime Ee.

Malaysia proposes new way to ease Singapore Causeway traffic The proposal, still in its initial stages, would have Malaysian immigration officials on the Singapore side of the Causeway, with Singaporean officials deploye…

Wilkinson Road bungalow sells for S$55.5 million Its buyer is understood to be Pang Sze Khai, chairman of Singapore-based Octava Foundation, a philanthropic organisation that seeks to empower children and youth.

#SGBudget2023 lookahead: Budget 2023 a delicate balancing act between prudence and fiscal support as costs rise A weaker economic outlook weighs on businesses and households, but handouts will need to be carefully calibr…

New committee to develop work injury compensation regime for platform workers Key issues will include the process for reporting work injuries and how to determine platform workers’ earnings to compute income loss compens…

Temasek-backed fish farmer Apollo Aquaculture goes underwater The company was, in 2021, reported to be building a S$65-million multi-storey fish farming facility.

#Brunch: From millennial to millionaire: striking gold in property and insurance Lured by buoyant markets and flexible hours, some millennials have been ditching traditional professions to become property and insurance b…

🎥Markets buoyed by smaller Fed rate hike of 25 basis points How did markets react to the Fed rate hike of 25 basis points? Are there more hikes to come? Read more:

Singapore’s retail sales up 7.4% in December, extending November’s growth Almost all retail sales categories saw growth in December.

The Great Resignation to come for boards with long serving IDs “I have been told that the changes we are introducing to the nine-year rule are going to result in the next Great Resignation," said SGX RegCo CEO Tan Boon G…

Keppel H2 net profit falls 40.6% to S$429.1 million For the full year ended Dec 31, 2022, Keppel’s net profit slipped 9.4% to S$926.6 million, mainly due to a decrease in urban development earnings and provisions for cer…

Bank of England raises borrowing costs to 4%, hints rates near peak The Bank of England raised interest rates for the 10th time in a row on Thursday (Feb 2) but dropped its pledge to keep increasing them “forcefully” if…

Singapore PMI inches up in January but remains in contraction for 5th straight month Despite the slight improvement in January's PMI, economists said they remain unconvinced that the manufacturing sector will be seeing b…

#SGBudget2023 lookahead: Singapore’s corporate tax takings in first 9 months of FY2022 exceed full-year estimate At the three-quarter mark of FY2022, receipts of personal income tax and GST have surpassed 80% of full-yea…

New career conversion programme to re-skill 280 PMETs for Singapore’s furniture industry Job functions covered include digital marketing, e-commerce and sustainability-related roles.

Finance Minister Lawrence Wong will deliver the #SGBudget2023 in less than two weeks (Feb 14). Here’s how you can make the most of BT's all-around coverage. 💻 VISIT our new microsite that features our outlooks for vario…

DBS now accepts online applications for T-bills using CPF Ordinary Account funds The bank is the first – and currently, only – local bank to offer such services.

Adani abandons US$2.5 billion share sale in big setback to Indian tycoon “Given these extraordinary circumstances, the company’s board felt that going ahead with the issue will not be morally correct,” Adani said. ➡️ Ada…

Assertions about six ex-Keppel O&M staff show ‘inadequate understanding’: Indranee “If there were grounds and sufficient evidence to bring criminal charges, they would have been brought. At the same time, criminal procee…